Tesla’s Cheap Model 3 Hits Europe as Sales Crumble

Tesla's Cheap Model 3 Hits Europe as Sales Crumble

Tesla unveiled a lower-priced Model 3 on Friday across Europe, two months after its U.S. debut, as the electric carmaker scrambles to reverse sliding sales while competitors chip away at its dominance. The new stripped-down version arrives at a critical moment. European buyers have been turning away from Tesla this year, with registrations fallen sharply … Read more

Car Giant’s Shocking Move Against Chinese Rivals Revealed

Car Giant's Shocking Move Against Chinese Rivals Revealed

Hyundai has been forced into a drastic move as the car giant’s huge move against Chinese threat reshapes the Aussie market. The global automotive manufacturer slashed prices on slow-selling electric models by more than $30,000, responding to China’s growing dominance. This significant action came after Hyundai Australia boss Don Romano delivered a critique of the … Read more